The Spice Girls once asked you to tell them what you want, what you really, really want. Fast-forward a few years and employees are following suit by telling their companies what they desire – and need – to be happy at work.


Some of their wish-to-haves are unusual: nap rooms, company-paid lunches and bring-your-pet-to-work days, for example. But when it comes down to it, they’re looking for the things employees have always yearned for, including more vacation days, better 401(k) matches and flexible work schedules (although the very optimistic would like to pay no health care premiums).1


Altogether these wants point to an underlying issue. After years of increasing premiums and copayments, many workers are tired of shelling out more and more of their hard-earned dollars for health care benefits. That’s really not surprising given that worker contributions for family coverage increased by 83 percent from 2005-2015.2


Since there’s no indication that premiums and deductibles will decline in cost anytime soon, wise employers are looking for ways to enhance their benefits plans in ways that provide value. One simple solution is the addition or expansion of voluntary insurance options. Because premiums are paid by employees who elect to enroll, these benefits can bulk up a company’s list of health care offerings at no direct cost to the company itself. And while the benefits aren’t free, employees can choose from an array of plans that may meet their families’ needs and budgets.


To learn more about voluntary insurance and what employees want, check out “Nap rooms, coffee bars and free lunches.”



This article is for informational purposes and is not intended as a solicitation.

1Mass Mutual Financial Group. “2015 Mass Mutual Generations@Work Study.” Accessed March 6, 2016.

2 Kaiser Foundation. “HRET Survey of Employer-Sponsored Health Benefits, 2005-2015.” Accessed March 4, 2016. .

Bank of America, N.A. engages with American Life Insurance Company of Columbus (“Aflac”) to provide informational materials for your discussion or review purposes only. Aflac Inc. is a registered trademark, used pursuant to license. The third parties within articles are used under license from Aflac. Consult your financial, legal and accounting advisors, as neither Bank of America, its affiliates, nor their employees provide legal, accounting and tax advice.

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